A complete guide to property investment in Cross Hands and Pen-y-groes.
Last updated: 18 September 2025
Cross Hands and Pen-y-groes offer a blend of affordability and steady growth, making them appealing for investors who value long-term stability. The price-to-income ratio sits at 4.4, signalling that property remains accessible compared to many UK regions. Over the past three years, the area has seen capital growth of 28.6% and an annualised growth rate of 8.7%, which points to a market that has delivered solid returns for those with a medium-term view. Property typically spends around 61 days on the market, suggesting moderate liquidity for sellers and buyers alike.
Median price per sq ft
£219 / sq ft
Average rental yield
-
Capital growth (1y)
-1.6%
Sales in past year
122
* Property stats calculated for last full calendar year (2024).
Live prices in Cross Hands and Pen-y-groes, Wales
* Extreme prices clipped for legibility
Median price
£272,475
25% of properties below...
£183,125
75% of properties below...
£332,500
Most expensive property
£550,000
Live listings
82
Median days on market
61
Looking ahead, Cross Hands and Pen-y-groes are likely to maintain their appeal for value-focused investors. The combination of affordability, a solid track record of growth over three years, and a reasonable rental yield should help underpin demand from both buyers and renters. However, the recent change in short-term capital growth means investors should temper expectations of rapid gains and take a medium- to long-term view.
Liquidity appears balanced, with properties spending 61 days on the market and a modest discount to asking price. For those seeking a stable, affordable entry point with potential for gradual appreciation, this area remains a contender.
Average yield (%)
* 2025 data for YTD
Median price per sq ft (£/sq ft)
* 2025 data for YTD
Investment properties in Cross Hands and Pen-y-groes, Wales
£195,000
2 bedroom detached house for sale
Cross Hands Road, Gorslas, Llanelli
£275,000 - Offers in Region of
3 bedroom detached bungalow for sale
Grove Hill Park, Gorslas, Llanelli
£149,950 - Offers in Region of
3 bedroom detached house for sale
Waterloo Road, Penygroes, Llanelli
£55,000 - Guide Price
Detached house for sale
Bridge Street, Penygroes, Llanelli,...
£159,000 - Offers in Region of
3 bedroom semi-detached house for sale
Bryn Road, Penygroes
Discounts exist, but they won't transform deal economics on their own.
• Median discount: £3,450
• 1 in 4 properties sell at > £9,950 below asking
• 1 in 10 properties sell at > £14,995 below asking
In percentage terms:
• Median discount of 2.0%
• 25% of properties discounted by > 3.7%
• 10% of properties discounted by > 7.4%
Top postcodes for rental yield and (annualised) capital growth
GeoGlider calculates property investment stats by blending official and proprietary datasets. Here's a quick overview of key sources and how we use them:
HM Land Registry: Property transaction and sold-price records for England & Wales used to calculate historical capital growth, price levels and comparables.
Office for National Statistics (ONS): Demographic and economic indicators for the UK, including Census 2021, supporting area profiling and market context.
Ordnance Survey: Authoritative UK geospatial data powering accurate boundaries, roads and terrain for mapping and spatial analysis.
GeoProp: Our proprietary AI pipeline that processes millions of property listings to extract rich features and live market signals.
Department for Levelling Up, Housing & Communities: Energy Performance Certificate (EPC) scores and property floor areas.
HM Revenue & Customs (HMRC): Household income and employment data to understand local affordability and economic conditions.
Data is updated continuously, matched across sources and rigorously validated.